Question

In: Operations Management

Make an inventory of at least 20 of your physical possessions. For each, indicate when and...

Make an inventory of at least 20 of your physical possessions. For each, indicate when and how you plan to dispose of it. Also, provide detailed reasons for this behavior. Then summarize this information, and answer the following: (a) Which possessions will be the easiest to dispose of, and why? (b) Which possessions will be the hardest to dispose of, and why? (c) What are your most frequent disposition options, and why?

Solutions

Expert Solution

a. The replacement items and the items that are supposed to be sold in scrap are easier to dispose of as they are being taken care of by the authorised dealer from whom we want to purchase the new product.

b. Car and motorcycle is the most difficult to dispose of as it takes time in finding the appropriate customer who could purchase the car and the motorcycle at the most appropriate price.

c. The most frequent disposition option is for mike and gas cylinder. Mike stops functioning frequently whereas gas cylinders are required to be refilled regularly.


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